Walgreens tops fiscal 1st quarter forecasts as it fights pandemic hit
Walgreens Boots Alliance lost $308 million in its first fiscal quarter due to a big charge tied to its ownership stake in the drug wholesaler…
AP Wire
UPDATE: Facebook bans Trump through Biden inauguration, maybe longer
UPDATE Facebook and Instagram will bar President Donald Trump from posting on its system at least until the inauguration of President-elect Joe Biden, the platform…
Bed Bath & Beyond: Fiscal 3rd quarter earnings snapshot
UNION, N.J. — Bed Bath & Beyond Inc. today reported a loss of $75.4 million in its fiscal third quarter. The company said it had…
Biden win confirmed after pro-Trump mob storms U.S. Capitol
WASHINGTON — Congress confirmed Democrat Joe Biden as the presidential election winner early today after a violent mob loyal to President Donald Trump stormed the…
In flip-flop, NYSE will delist 3 Chinese companies after all
NEW YORK — The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers under an executive…
Walgreens to sell drug wholesale business for $6.5 billion
Walgreens Boots Alliance will sell its pharmaceutical wholesale business to AmerisourceBergen in $6.5 billion cash and stock deal. Pharmaceutical wholesalers essentially act as middlemen, purchasing…
EU agency approves Moderna’s COVID-19 vaccine
AMSTERDAM — The European Union’s medicines agency gave the green light today to Moderna Inc.’s COVID-19 vaccine, a decision that gives the 27-nation bloc a…
China criticizes US order against dealing with Chinese apps
BEIJING — China’s government today accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order…
Germany: Big companies must put women on management boards
BERLIN — Germany’s Cabinet today approved legislation that will require large companies to put at least one woman on their management boards. The bill calls…
Saudis take on burden of oil output cut to support price
FRANKFURT, Germany — Saudi Arabia said today it will cut its oil production by 1 million barrels a day, taking on the burden of supporting…